Partners Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,441 shares of the company’s stock, valued at approximately $508,000.
Several other large investors also recently modified their holdings of RSP. Venture Visionary Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after buying an additional 5,887 shares during the period. Rhodes Investment Advisors Inc. ADV bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $794,000. Corient Private Wealth LP lifted its position in Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after acquiring an additional 58,956 shares in the last quarter. Echo45 Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.8% in the 2nd quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock worth $18,607,000 after purchasing an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $2,939,000. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $218.31 on Friday. The firm has a market cap of $100.24 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock’s 50-day moving average is $215.05 and its 200-day moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.
Invesco S&P 500 Equal Weight ETF Company Profile
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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